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Mathematics, 22.11.2019 23:31 smokeoutkitten

Estimated warranty payable of $ 1,300 at the end of 2017. during 2018, roy electric made sales of $ 140,000 and expects product warranties to cost the company 1 percent of the sales. during 2018, roy electric paid $ 2,300 for warranties. what is roy electric's estimated warranty payable at the end of 2018?
a. $ 2,400
b. $ 1,400

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